Huge Relief: Saraswat Bank proposes to takeover Rupee Bank
In a major relief to the depositors of Pune headquartered Rupee Cooperative Bank, the leader of UCBs in the country- ...
Tag: depositors
UCBs’ clientele being taken away by SCBs: RBI Report
In a Report on Trend and Progress of Banking in India 2020-21, which presents the performance of the banking sector, ...
RBI’s monitoring of co-op banks has increased depositors’ confidence: PM
Prime Minister Shri Narendra Modi addressed a function on “Depositors First: Guaranteed Time-bound Deposit Insurance Payment up to Rs. 5 ...
PMC: Sah Bharat questions RBI’s draft amalgamation; suggests way out
Finding faults with several provisions of the Draft Scheme of Amalgamation for the PMC Bank, as put forward by the ...
Pune based Seva Vikas Co-op Bank goes under Direction
The Reserve Bank of India has put Pune based Seva Vikas Co-op Bank goes under Direction from the close of ...
Rupee Bank notifies refund thru’ DICGC Scheme
The Rupee Cooperative Bank has notified the scheme of the DICGC to refund account holders up to Rs 5 lakh. ...
Depositors demand full money not only Rs 5 lac
A group of people claiming to represent the interests of account holders and depositors of Rupee Cooperative Bank has opposed ...
DICGC: Payment process on; depositors of ailing UCBs to benefit
In a press release DICGC has invited applications in a prescribed format from the depositors of several ailing urban cooperative ...
PMC depositors may get money by November
The central govt has said depositors of banks under moratorium like Punjab & Maharashtra Cooperative (PMC) Bank will get up ...
Sah Bharati lobbies hard for inclusion of UCBs in DICGC amendment
A lack of clarity on the inclusion of UCBs in the proposed amendment in the DICGC Act, has led Sahakar ...
RBI cancels licence of Goa based Madgaum Urban Co-op Bank
In an order dated July 27th, 2021 the Reserve Bank of India has cancelled the licence of The Madgaum Urban ...
RBI annuls license of Dr Shivajirao Patil Nilangekar UCB
Reserve Bank of India has cancelled the license of Dr. Shivajirao Patil Nilangekar Urban Co-operative Bank Limited, Nilanga, Dist. Latur, ...
RBI encourages merger of UCBs; offers them incentives
On the lines of amalgamation moves initiated in the case of PSU Banks, RBI has issued a guideline for the ...
Budget: Co-operators hail Administrative Structure; disapprove SFB move
The Cooperative sector has offered mixed reactions to the budgetary announcements made by the Union Finance Minister on Monday. While ...
Fadnavis to RBI Guv; end curbs on co-op banks
Free Press Journal reports some leaders including BJP leader Devendra Fadnavis in Maharashtra are likely to urge the RBI Governor ...
